Bescent: The United States has long pursued a strong dollar policy and will not intervene in the foreign exchange market

According to Jinshi, U.S. Treasury Secretary Basant expressed his views on several topics. He reiterated that the U.S. has long pursued a strong dollar policy and made it clear that there will be no intervention in the foreign exchange market to support the yen, noting that a reduction in the trade deficit should boost the dollar. Basant also discussed the Federal Reserve's monetary policy stance, emphasizing that interest rate decisions are made entirely independently by the Federal Reserve.